NORGES SERVICE AS

3172 VEAR

Finances

Share Ownership

Return on Equity

−51,67 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 580 000	15 484 000	14 628 000	9 977 000
Net Income	−216 000	198 000	1 312 000	54 000
Total Assets	3 322 000	3 783 000	4 741 000	2 106 000
Total Equity	418 000	634 000	436 000	−76 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 580 000	15 484 000	14 628 000	9 977 000
Expenditure	13 807 000	15 231 000	13 026 000	9 931 000
Operating Profit	−228 000	252 000	1 601 000	45 000
Financial Income	11 000	14 000	11 000	11 000
Financial Costs	0	0	1 000	2 000
Financial Balance	11 000	14 000	10 000	9 000
Earnings Before Tax	−216 000	266 000	1 611 000	54 000
Tax	0	68 000	299 000	0
Net Income	−216 000	198 000	1 312 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	594 000	913 000	863 000	793 000
Total Current Assets	2 728 000	2 870 000	3 877 000	1 313 000
Total Assets	3 322 000	3 783 000	4 741 000	2 106 000
Total Retained Equity	388 000	604 000	406 000	−106 000
Total Equity	418 000	634 000	436 000	−76 000
Total Long-Term Debt	0	0	0	300 000
Total Current Debt	2 904 000	3 149 000	4 304 000	1 883 000
Total Equity and Debt	3 322 000	3 783 000	4 741 000	2 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 503 000	15 447 000	14 627 000	9 976 000
Other Income	77 000	37 000	1 000	1 000
Revenue	13 580 000	15 484 000	14 628 000	9 977 000
Cost of Goods Sold	1 251 000	1 523 000	1 466 000	1 164 000
Salary Costs	9 861 000	11 684 000	9 922 000	7 315 000
Depreciation	405 000	369 000	289 000	123 000
Impairment	0	0	0	0
Expenditure	13 807 000	15 231 000	13 026 000	9 931 000
Operating Profit	−228 000	252 000	1 601 000	45 000
Financial Income	11 000	14 000	11 000	11 000
Financial Costs	0	0	1 000	2 000
Financial Balance	11 000	14 000	10 000	9 000
Dividends	0	0	800 000	0
Net Income	−216 000	198 000	1 312 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	354 000	562 000	667 000	691 000
Fixtures	215 000	300 000	197 000	96 000
Total Tangible Assets	569 000	862 000	863 000	788 000
Total Fiancial Fixed Assets	25 000	51 000	0	6 000
Total Fixed Assets	594 000	913 000	863 000	793 000
Stock	295 000	215 000	159 000	225 000
Total Investments	0	0	0	0
Cash, Bank	646 000	1 498 000	1 990 000	703 000
Total Current Assets	2 728 000	2 870 000	3 877 000	1 313 000
Total Assets	3 322 000	3 783 000	4 741 000	2 106 000
Total Equity	418 000	634 000	436 000	−76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	300 000
Creditors	443 000	292 000	302 000	108 000
Unpaid Taxes	945 000	1 051 000	1 226 000	732 000
Dividends	0	0	800 000	0
Other Current Debt	1 516 000	1 738 000	2 478 000	1 043 000
Total Current Debt	2 904 000	3 149 000	4 304 000	1 883 000
Total Equity and Debt	3 322 000	3 783 000	4 741 000	2 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,67 %	31,23 %	300,92 %	−71,05 %
Debt-to-Equity Ratio	0	0	0	−3,95
Operating Profit Margin	−1,68 %	1,63 %	10,94 %	0,45 %
Current Ratio	0,94	0,91	0,9	0,7
Quick Ratio	1,05	0,98	0,94	0,79
Equity Ratio	0,13	0,17	0,09	−0,04
Gross Profit Margin	90,79 %	90,16 %	89,98 %	88,33 %